Glenn--Old Judges, regardless of condition, rarely sell for less than $100. Low grade, non-HOF T206s with common backs are very low value and generally not worth listing on Ebay. The ratio you come up with doesn't mean much, at least not to me. If I go through the counts for the 25 largest collections of Old Judges worldwide, including dups, I am still quite a bit under 20,000. Virtually all other collections are between a few and fifty cards, with most closer to the former. Even if I assume 5,000 cards with dealers (I believe this is high) I still struggle to get past 30,000 cards.
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